Spending and revenue data obtained for this analysis comes from the Illinois Local Education Agency Retrieval Network (ILEARN), which is part of the Illinois State Board of Education and collects data annually on school district financials.
Over the 10-year span, Forrestville Valley CUSD 221 reported 3.2 percent more revenue. At the same time, total spending went up 7.5 percent. The resulting deficit grew by 163.5 percent from 2008 to 2017.
School district debt
Year
Total Revenue (nominal)
Total Spending (nominal)
Deficit / Surplus
2008
$9,533,685
$9,792,333
-$258,648
2009
$9,491,569
$9,766,214
-$274,645
2010
$9,493,697
$9,534,581
-$40,884
2011
$9,720,372
$9,691,236
$29,136
2012
$8,947,717
$9,328,354
-$380,637
2013
$8,903,767
$9,694,608
-$790,841
2014
$8,852,604
$9,120,754
-$268,150
2015
$10,231,871
$8,574,885
$1,656,986
2016
$8,838,811
$9,752,049
-$913,238
2017
$9,841,735
$10,523,201
-$681,466
Total
$93,855,828
$95,778,215
-$1,922,387
10-year change (%)
3.2
7.5
163.5
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